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Showing 12671 - 12680 of 22855 results for "Funds"

Hedge funds risk collapse without middle office upgrades

MARK SMITH  |  WEDNESDAY, 16 JUL 2014
Hedge funds are under increasing pressure to beef up their middle office operations as result of increased institutional investor scrutiny of manager reporting and disclosure standards, according to global post-trade technology provider Omgeo. Hedge ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
Self-managed superannuation funds look unlikely to face any major regulatory overhauls as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... tax-free superannuation in retirement, a growing proportion of company tax collected could be refunded to superannuation funds and retirees over time." It went on: "The combination of population ageing and the projected growth of superannuation assets ...

Green appointed CEO MetLife Korea

ALEX DUNNIN  |  WEDNESDAY, 16 JUL 2014
... before that CEO of AIA Australia. Prior to this role he held senior positions at several leading industry superannuation funds in Australia. Green, who will be based in Seoul reporting directly to Christopher Townsend, MetLife's President for the Asia ...

Yellen yawn turn to Yellen yikes

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2014
... assessment of these factors, in June the Committee reiterated its expectation that the current target range for the federal funds rate likely will be appropriate for a considerable period after the asset purchase program ends... we currently anticipate ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... "too big to fail". "It is not possible to rule out the risk of failure nor is it possible to rule out the use of taxpayers funds in extreme circumstances," Mr Murray said. But the report does not agree in providing a government guarantee to all banks ...

CFMEU organiser posed as Cbus employee

JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... were paying quarterly, not monthly. "Lis-Con has always paid its super, always. We've paid millions into Cbus and other funds over the years." He said the union "didn't care how much we paid, they were going to close us down anyway." O'Neill said his ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... the report singled out three areas of concern: comparatively high fees, the growth in direct leverage by superannuation funds, and the instability of superannuation policy. On the question of fees, it considered the Chilean system of having funds tender ...

Hastings sell US natural gas terminal for huge profit

MARK SMITH  |  TUESDAY, 15 JUL 2014
Hastings Funds Management has capitalised on the current high demand for infrastructure assets by selling its stake in a Texan liquid natural gas terminal for a return of five and half times what it paid. Together with Zachry American Infrastructure ...

Frantic pace of alternatives growth revealed

MARK SMITH  |  TUESDAY, 15 JUL 2014
... the largest share of assets (31% and over $1 trillion), followed by private equity fund managers (23% and $753bn), hedge funds (22% and $724bn), private equity funds of funds (PEFoFs) (10% and $322bn), funds of hedge funds (FoHFs) (5% and $173bn), infrastructure ...